Cafe chain Cosi sues SBA for excluding bankrupt companies from emergency loans

Cafe chain Cosi sues SBA for excluding bankrupt companies from emergency loans

Fast casual restaurant Cosi sued the Small Business Administration on Tuesday, alleging it illegally denied its $3.7 million emergency loan request on grounds that the company is currently undergoing bankruptcy proceedings. The Charlestown, Massachusetts-based flatbread chain filed a lawsuit on Tuesday in the U.S. bankruptcy court for the District of Delaware, arguing that the company […]